ADNOC unveiled more than AED 60 billion in local manufacturing opportunities through 2030 — yaani about US$16.3 billion (AED 60 billion is 6,000 crore dirhams) — alongside a comprehensive transformation of its procurement, supplier registration and In-Country Value (ICV) frameworks, the company announced at the second Make it with ADNOC Forum at Emirates Palace in Abu Dhabi, in the lead-up to ADIPEC.
Source: ADNOC via Abu Dhabi Magazine, Oct 25
The measures combine opportunities to manufacture over 200 essential products and a broad portfolio of critical spare parts locally, with simpler qualification requirements and longer-term partnerships, ADNOC said. Many of the identified products are currently imported; manufacturing them in the UAE shortens lead times and reduces exposure to global supply disruptions, according to the company.
Source: ADNOC via Abu Dhabi Magazine, Oct 25
Finimize, reporting on the forum covered by Reuters, likewise reported the AED 60 billion pipeline through 2030 spanning 200 essential products, and said the new supplier registration model aims to cut onboarding time by up to 80% and reduce documentation, while separate changes aim to shorten purchasing cycles by up to 40%.
Source: Finimize / Reuters forum coverage, Oct 25
What changes for suppliers
ADNOC said its redesigned supplier registration halves the number of required documents and removes prequalification requirements for 60% of service categories, with a single window for registration, qualification and compliance and AI supporting document verification. Its enhanced ICV model will integrate commercial and ICV offers into a single evaluation, retiring the previous bid-matching approach, the company said.
Source: ADNOC via Abu Dhabi Magazine, Oct 25
ADNOC also expanded its Local+ program to more than 100 UAE manufacturers, up from 70 at its May 2026 launch, and signed memorandums of understanding with the Abu Dhabi Investment Office (ADIO) and KEZAD Group, according to both reports.
Source: ADNOC via Abu Dhabi Magazine; Finimize, Oct 25
Eight years of In-Country Value
Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said: "ADNOC's growth creates a powerful opportunity to deepen the UAE's industrial strength," adding the next phase gives manufacturers clarity on what is needed and a simpler route to compete, ADNOC reported.
Source: ADNOC via Abu Dhabi Magazine, Oct 25
Since its launch in 2018, ADNOC's ICV program had redirected more than AED 307 billion — yaani about US$83.7 billion — into the UAE economy by the end of 2025, supported the localisation of more than 130 products and the development of 95 UAE factories, and employment opportunities for more than 27,500 Emiratis in participating private-sector companies, the company said.